Project Management Fees

Collins Aluga Quantity Surveyor| MCK Contract Services Ltd Nairobi, Nairobi, Kenya

How does one charge for project management fees on a project? Is there any rule of thumb or a percentage that should be used in coming up with the fees?Alternatively,let me have your thoughts and the approach you use in your practice.

Thank you

Posted: Sep 30, 2019 3:53 AM

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Collins Aluga Quantity Surveyor| MCK Contract Services Ltd Nairobi, Nairobi, Kenya

Sep 30, 2019 7:23 AM

Replying to Anton Oosthuizen

...

I'm not sure there is a good rule that cuts across all projects. The PM involvement would vary greatly depending on the project complexity. Managing a large stakeholder group would require more of your time as would managing remote teams. Is it possible to have a PM 100% allocated on one single project? Definitely yes.

The following article is an interesting read:

https://www.pmi.org/learning/library/proje...ppropriate-5072

Anton,

Thank you for the advise and the article,it really cleared things up and answers the question

Posted: Oct 1, 2019 1:13 AM

Collins Aluga Quantity Surveyor| MCK Contract Services Ltd Nairobi, Nairobi, Kenya

Sep 30, 2019 10:21 AM

Replying to Sergio Luis Conte

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Is not easy to ask because you can use different approaches depending on your organizational policies. I could say that the easy way will be putting all project management tasks and deliverables inside the project wbs or project schedule to calculate the spending time and then create the fees.

Thank you Sergio for the advise

Posted: Oct 1, 2019 1:14 AM

Collins Aluga Quantity Surveyor| MCK Contract Services Ltd Nairobi, Nairobi, Kenya

Sep 30, 2019 1:12 PM

Replying to Luis Branco

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Dear Kiron
How to apply:
- WBS complies with 100% rule
- No work is omitted
- No extra work is performed

Thank you Luis for that clarification

Posted: Oct 1, 2019 1:16 AM

Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada

We estimate the development effort then add 15-20% of the estimate for project management. This is useful when pricing fixed costs proposals.

Posted: Oct 1, 2019 12:49 PM

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